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B6 Customer contract related balances | 12 Months Ended
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Dec. 31, 2024
Subclassifications of assets, liabilities and equities [abstract] |
B6 Customer contract related balances |
|  | Customer contract related balances
|  | 2024 |  |  | 2023 |
Customer finance credit |  |  | 4,522 |  |  |  | 6,917 |
Trade receivables 1) |  |  | 44,151 |  |  |  | 42,215 |
Contract assets |  |  | 6,924 |  |  |  | 7,999 |
Contract liabilities |  |  | 41,229 |  |  |  | 34,416 |
Deferred sales commissions 2) |  |  | 1,195 |  |  |  | 1,006 |
1) | Total trade receivables include SEK 177 (166) million relating to associated companies.
2) | Of the total Deferred sales commissions balance SEK 491 (414) million is current. The non-current balance is presented within Other financial assets, non-current (see note F3 “Financial assets, non-current”) and the current balance is presented within Other current receivables (see note B7 “Other current receivables”).
The increase in contract liabilities is mainly due to incentive earnings based on increased sales. Deferred sales commissions amortized in the year is SEK 571 (457) million. For information about credit risk and impairment of customer contract related balances, see note F1, “Financial risk management.” Revenue recognized in the period
|  | 2024 |  |  | 2023 |
Revenue recognized relating to the opening contract liability balance |  |  | 23,980 |  |  |  | 32,874 |
Revenue recognized relating to performance obligations satisfied, or partially satisfied, in prior reporting periods |  |  | 138 |  |  |  | 134 |
Transaction price allocated to the remaining performance obligations
|  | 2024 |  |  | 2023 |
Aggregate amount of transaction price allocated to unsatisfied, or partially unsatisfied, performance obligations |  |  | 134,199 |  |  |  | 133,247 |
The Company expects that the transaction price allocated to the remaining performance obligations will be converted into revenue in accordance with the following estimates: 67% in 2025, 17% in 2026 and the remaining 16% in 2027 and beyond.

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